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Monday, April 28, 2014 9:55:34 PM
Ok. Fnma Millionaires Club will have a test tommorrow beginning at 9:30 AM, EST. Scoring will be as follows:
A. 100% You are scared out of zero of your shares and keep your shares or, for extra credit, add more tommorrow on dips.
B. 80% You reduce your position by 20%, but promise to pick up that 20%, even if you have to sell other stocks within a 2 week period, EVEN if you have to pay more to buy your shares back.
C. 70% You reduce your position by 20-30%, but do not buy any shares back. You are losing ground, at risk of being an "also ran". You need to do what ever it takes to study and get a B or an A. You have been listening to too many naysayers.
D. 60% You reduce your position by 20-40%, and are in severe danger of failing. You are either a naysayer, or highly influenced by negative people. Surround yourself with positive people or be swallowed alive.
F. 50% You panic sell 50% or more of your shares. You failed. You should have never listened to naysayers, even if they are the president of the United States. You can go tell your wife, right now, "Gee, honey I would have been a FNMA millionaire if only"....get used to saying that.
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